Oil strong, LNG falls but palm oil jumps sharply [commodities]

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Oil and palm oil prices have strengthened but LNG continues to fall. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.

Oil and LNG prices weaker but precious metal up: a monthly review of Papua New Guinea’s commodity and financial markets

Welcome,

Oil, LNG and gas prices are weaker but precious metals are slightly up. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.

Boardroom briefing: the most important question in a new job, Facebook’s currency and the shale oil in trouble

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A Human Resources guru tells us what’s the most important question in a new job, Facebook to launch its own currency, and the US shale oil industry could be in trouble. Readings from around the world on business, leadership and management.

LNG price volatility and what it means for Papua New Guinea

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Papua New Guinea must ensure that it is at the front of the ‘queue’ in its LNG projects if it is to adapt to future volatility, according to Dr Fereidun Fesharaki, Founder and Chairman of the oil and gas consulting group Facts Global Energy (FGE). He predicts huge shifts in the oil and gas markets.

Oil Search share sale represents a win for Papua New Guinea, says analyst

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PNG Government-owned company Kumul Petroleum Holdings has sold its 10 per cent stake in Oil Search, with KPH Managing Director Wapu Sonk reportedly saying it lost A$322 million (K812 m) on the sale. However, stockmarket analyst David Lennox says overall the country has benefited from the process.